Belfast Telegraph

Monday 5 October 2015

Invest NI is in a no-win situation

Published 17/01/2012

There has been a lot of debate recently about Invest NI having to hand back money to the Executive which it has been unable to spend.

Much of this has been based on uninformed judgment about the role of the agency and the manner in which it supports local businesses.

If, due largely to the current economic climate and financial environment, sufficient projects are not forthcoming which meet the agency's investment criteria, then it should be no surprise that there is a significant budget underspend.

If, on the other hand, it is being somehow suggested by those criticising the agency's record that it should simply throw money at businesses for the sake of short-term expediency, then this would be an indefensible waste of taxpayers' money.

I have little doubt that many of those jumping on the bandwagon to lambast the agency today would be the first to complain.

A no-win situation whatever way one looks at it.


Ballymena, Co Antrim

From the web

Sponsored Videos

Your Comments

Comments posted this week will only be visible until Saturday Oct 3 and will not be available to view after that date. This is due to essential upgrade work on our content management system and we apologise for any inconvenience.

COMMENT RULES: Comments that are judged to be defamatory, abusive or in bad taste are not acceptable and contributors who consistently fall below certain criteria will be permanently blacklisted. The moderator will not enter into debate with individual contributors and the moderator’s decision is final. It is Belfast Telegraph policy to close comments on court cases, tribunals and active legal investigations. We may also close comments on articles which are being targeted for abuse. Problems with commenting?

Read More

From Belfast Telegraph